Exploring Analyst Estimates for Fulton Financial (FULT) Q1 Earnings, Beyond Revenue and EPS

Wall Street analysts expect Fulton Financial (FULT) to post quarterly earnings of $0.44 per share in its upcoming report, which indicates a year-over-year increase of 10%. Revenues are expected to be $317.9 million, up 38% from the year-ago quarter.Over the last 30 days, there has been a downward revision of 1.5% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.In light of this perspective, let's dive into the average estimates of certain Fulton Financial metrics that are commonly tracked and forecasted by Wall Street analysts.The consensus among analysts is that 'Efficiency Ratio' will reach 61.2%. The estimate is in contrast to the year-ago figure of 63.2%.Analysts predict that the 'Net Interest Margin' will reach 3.4%. The estimate compares to the year-ago value of 3.3%.According to the collective judgment of analysts, 'Average Balance - Total Interest-Earning Assets' should come in at $30.20 billion. Compared to the present estimate, the company reported $25.60 billion in the same quarter last year.It is projected by analysts that the 'Net Interest Income (FTE)' will reach $251.27 million. Compared to the present estimate, the company reported $211.53 million in the same quarter last year.The combined assessment of analysts suggests that 'Total Non-Interest Income' will likely reach $66.87 million. Compared to the present estimate, the company reported $57.14 million in the same quarter last year.Analysts expect 'Non-Interest Income- Total consumer banking' to come in at $13.66 million. Compared to the current estimate, the company reported $11.67 million in the same quarter of the previous year.The consensus estimate for 'Mortgage banking' stands at $3.01 million. The estimate is in contrast to the year-ago figure of $3.09 million.The average prediction of analysts places 'Wealth management' at $22.11 million. The estimate compares to the year-ago value of $20.16 million.Analysts forecast 'Non-Interest Income- Other' to reach $5.28 million. The estimate is in contrast to the year-ago figure of $3.40 million.Analysts' assessment points toward 'Non-Interest Income- Total commercial banking' reaching $21.84 million. The estimate is in contrast to the year-ago figure of $18.83 million.View all Key Company Metrics for Fulton Financial here>>>Over the past month, shares of Fulton Financial have returned -7.8% versus the Zacks S&P 500 composite's -5.3% change. Currently, FULT carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Fulton Financial Corporation (FULT): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks